Aluminum of China (FRA:AOC) ROCE %: 28.41% (As of Mar. 2026)


FRA:AOC Aluminum Corp of China Ltd FRA:AOC
81 GF Score
Price €0.85
GF Value €0.82
Valuation Fairly Valued
! 2 Warning Signs
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What is Aluminum of China ROCE %?

Aluminum of China FRA:AOC -4.27% 81 ROCE % is 28.41% as of Mar. 2026. GuruFocus rates FRA:AOC with a GF Score™ of 81/100 and a GF Value™ of €0.82 (Fairly Valued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Aluminum of China's annualized ROCE % for the quarter that ended in Mar. 2026 was 28.41%.

Aluminum of China  (FRA:AOC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Aluminum of China ROCE % Related Terms

Aluminum of China ROCE % Historical Data

* Premium members only.

The historical data trend for Aluminum of China's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aluminum of China ROCE % Chart

Aluminum of China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.81 10.74 11.81 15.69 15.75

Aluminum of China Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.32 16.12 17.72 12.67 28.41
FRA:AOC
81GF Score
Aluminum Corp of China Ltd FRA:AOC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aluminum of China ROCE % Calculation

Aluminum of China's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3417.026/( ( (28324.767 - 6063.648) + (27526.772 - 6399.881) )/ 2 )
=3417.026/( (22261.119+21126.891)/ 2 )
=3417.026/21694.005
=15.75 %

Aluminum of China's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=6256.188/( ( (27526.772 - 6399.881) + (29281.422 - 6359.325) )/ 2 )
=6256.188/( ( 21126.891 + 22922.097 )/ 2 )
=6256.188/22024.494
=28.41 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 28.41% mean?
Aluminum of China (FRA:AOC) has a ROCE % of 28.41% as of Mar. 2026.
Is Aluminum of China's ROCE % too high?
Aluminum of China's current ROCE % is 28.41%. Overall, Aluminum of China has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aluminum of China's ROCE % compare to AA and CENX?
Aluminum of China's ROCE % of 28.41% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Aluminum of China's current ROCE % is 28.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminum of China stock overvalued right now?
Based on GuruFocus' analysis, Aluminum of China (FRA:AOC) is currently considered Fairly Valued. The stock's GF Value™ is €0.82, compared to a current price of €0.85 — trading 3.9% above its estimated fair value. The current ROCE % is 28.41%. Aluminum of China's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Aluminum of China (FRA:AOC), the current ROCE % is 28.41% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aluminum of China (FRA:AOC) Overvalued in 2026?

Based on GuruFocus' analysis, Aluminum of China stock appears to be overvalued. The current stock price of €0.85 is trading 3.9% above its estimated GF Value™ of €0.82. GuruFocus considers Aluminum of China to be Fairly Valued.

Key valuation signals for FRA:AOC:

  • ROCE %: 28.41%
  • GF Value™: €0.82 vs. price of €0.85 (3.9% above fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the FRA:AOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aluminum of China Business Description

Address No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are: the alumina segment, the primary aluminum segment, the energy segment, the marketing segment, and the corporate and other segment. The majority of its revenue is generated from the primary aluminum segment, which consists of procuring alumina and other raw materials, supplemental materials, and electricity power, and smelting alumina to produce primary aluminum.
81GF Score

Get the complete analysis for FRA:AOC

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.85
Price
€0.82
GF Value